Did Vornado just give a sales update for 220 CPS?

Steve Roth is practically a one-man co-op board at 220 Central Park South, but the Vornado Realty Trust chief has been tight-lipped when it comes to updating investors about sales at the ultra-luxe condominium. That is… until now? During an earnings call on Tuesday, Roth assured investors that although he’s held back on updates for […]

PE firm Lone Star expands at Vornado’s 888 Seventh

Private fund manager Lone Star Funds is expanding at Vornado Realty Trust’s 888 Seventh Avenue, more than doubling its footprint from 22,000 to 50,000 square feet. The Texas-based private equity firm would pay in the $80s per square foot for its space in the 47-story building. CBRE’s Harly Stevens represented the tenant and Vornado’s Jared […]

LA market report: Vornado exits LA office market, Gwen Stefani lists $35M home … & more

From the November issue: Vornado Realty Trust is seeking a buyer for its last L.A. property, a 243,000-square-foot Class A office building at 800 Corporate Pointe in Culver City. It was once their “Sweet Escape,” but Gwen Stefani and her ex-husband Gavin Rossdale’s Beverly Hills home is now up for grabs. Tishman Speyer is in contract […]

South Korean fund nears deal for 49% stake in Amazon’s Midtown HQ: sources

7 West 34th Street in Midtown (inset: Korea Post global real estate head Jinho Lee) Korea Post, one of South Korea’s largest investment funds, is close to acquiring a 49 percent stake in a Midtown property almost fully occupied by Amazon, sources told The Real Deal. Vornado Realty Trust, which owns the 477,000-square-foot building at […]

Four Seasons restaurant finds new home at 280 Park 

From left: The Four Seasons restaurant and 280 Park Avenue After getting the boot by Aby Rosen, the Four Seasons restaurant found a new home at SL Green Realty and Vornado Realty Trust’s 280 Park Avenue. According to sources cited by the New York Post, the restaurant’s owners Julian Niccolini and Alex von Bidder signed a […]